Hill Dickinson advises Arete on £1m second investment into digital scale-up platform Vivify

Liverpool headquartered Arete Capital Partners has bolstered its interests in digital businesses by making a £1 million investment in scale-up platform Vivify. It follows an initial investment Arete made in the company in 2021 to help support initial growth.

Advising Arete on the investment were Matt Noon, head of Corporate Liverpool, and Elan Iorwerth, legal director in Hill Dickinson’s Liverpool Corporate team.

Vivify is a North West-based digital platform that partners with schools across the country to hire out their facilities outside of school hours and generate revenue that can be invested back into facilities, teachers, and pupil experience.

The company’s booking platform is already utilised by over 70 schools and has enabled thousands of hirer groups and grassroots teams to find and book local facilities. 

The new capital round will help Vivify further develop its platform into a SaaS solution for schools that do not require a managed service.

Commenting on the deal Elan Iorwerth said: “Arete saw the potential to invest in Vivify early on and that confidence has been borne out in the speedy growth of the platform. Digital scale-ups like Vivify have the potential to transform the way local communities access facilities for hire while raising revenue forschools and we are delighted to have acted as legal advisers on this deal.”